Hengqin real estate market enters 'fast lane'
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E-mail China.org.cn, September 7, 2015
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Statistics from the management committee of the Hengqin New Area show its GDP increased 53.5 percent in the first six months of this year compared to the same period in 2014, the Beijing Morning Post reported.
The figures indicate the real estate sector made a significant contribution to the economic growth in both Hengqin and Zhuhai City.
In the first half year, housing sold in Zhuhai achieved a new high, and prices in Hengqin even doubled as demand outstripped supply.
Experts say that real estate market has just entered the "fast lane" due to a series of national preferential policies and development guidelines for Hengqin.
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